4. At what rate per cent by simple interest will a sum of money double itself in
5 years 4 months?
Answers
Answered by
0
Answer:
3.1250percentage is answer
explanation
5years 4months=64months
double means 200 percent
200/64=3.1250
Answered by
7
Answer:
For Aptitude Test Takers:
Use the relation (n - 1) x 100 = rt twice.
First part n = 2, t = 3
(2–1) x 100 = r x 3
=> r = 33.33%
Second part n = 8, r = 33.33%
(8–1)x100 = 33.33t
=> t = 700/33.33
= 21 years
Note : Method not suitable for school homework.
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